MSFT.US - 23.02.2017
Time Frame: D1
Long-term uptrend and price of diagonal and horizontal support.
The company has good financial performance and present in the portfolios of many of the largest hedge funds on Wall Street. EPS of the company is 2.12. The company's revenues have been stable over the past three years have stalled. Recommendation financial analysts is to buy a share. Year-end the company's shares to rise to $ 69.60.
Price action: Pin Bar levels of horizontal and diagonal support, as the price corrected to 50% pin bar - a strong buy signal with better positioning on the market.
Indicators: CCI (50) is greater than 0, which means that the price is still valid in the upward trend.
SL: $ 63.71
Alternative scenario: If the price crosses below the diagonal and horizontal support, most likely we will see bearish momentum down.
Junior_Trader_P_Milanov
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